2012 appears to be a great analogue for the current volatility in the treasury market, and might provide clues on what comes next if rates fall through their recent support level. Spoiler alert: it involves the #Fed. Here's a thread of the impact on diff markets.
$TNX $SPX
I'll start with $SPX. When $TNX broke its support, equities experienced a >10% correction. This was after a 20% drop a year earlier that started this higher vol period.
I'll start with $SPX. When $TNX broke its support, equities experienced a >10% correction. This was after a 20% drop a year earlier that started this higher vol period. 
